Case of Maharashtra State Electricity Distribution Company Limited for Truing-up of Aggregate Revenue Requirement (ARR) of FY 2017-18 and FY 2018-19, Provisional Truing-up of ARR of FY 2019-20 and Projections of ARR and determination for the 4th Multi Year Tariff Control Period FY 2020-21 to FY 2024-25 For more information please see below link: […]
Power industry gives thumbs up to proposed Electricity Act Amendments
According to Khurana, in order to avoid any jurisdictional issues between CERC and the new Electricity Contract Enforcement Authority, bifurcation of their functions should be spelt out clearly New Delhi: The Power ministry’s proposed amendments to the Electricity Act of 2003 have received a thumbs up from the industry with players welcoming the proposed push […]
India’s Renewable Sector Open for Business -MNRE Secretary
A Webinar organised by the USISPF to connect US investors with opportunities in Indian renewable sector threw up some insights, and assurances, as MNRE secretary Anand Kumar pitched for more investments from US firms in the sector. At a Webinar organised late yesterday evening by the US India Strategic Partnership Forum (USISPF), participants got dollops […]
Tata Power long-term borrowing at Rs 9.9K Cr in FY20
New Delhi: Tata Power on Wednesday said its long-term borrowings stood at Rs 9,927.89 crore at the end of 2019-20. Incremental borrowing of the company was Rs 3,410 crore in the last fiscal, The company said that its actual borrowings done through debt securities in last fiscal was Rs 1,720 crore against the mandatory borrowing […]
Tata Power completes sale of South African JV “Cennergi” for ZAR 1,550 million
~Exxaro Resources Ltd. of South Africa acquires entire 50% stake of Khopoli Investments Ltd, a wholly owned subsidiary of The Tata Power Company Ltd, in Cennergi JV ~ Khopoli Investments Ltd (a 100% subsidiary of Tata Power) today completed the sale of the Company’s entire stake in Cennergi, a South African joint venture to Exxaro […]
Coronavirus pandemic: Maharashtra govt announces 8 per cent cut in electricity tariff for 5 years
The Maharashtra Electricity Regulatory Commission (MERC) has approved a move to cut tariffs by an average of 7-8 per cent as part of the move, which is first such measure in the past 10-15 years, an official statement said MUMBAI: The Maharashtra government on Monday announced an average of 8 per cent electricity tariff cut […]
Tata Power partners with World Wide Fund for Nature to celebrate Earth Hour 2020
~ Urges citizens to ‘GIVE UP’ wasteful consumption of electricity and be the ‘Voice for the Planet’~ Sustainability is at the centre of Tata Power’s core philosophy, as India’s largest integrated power utility it has always led the way in generating green power & reduce carbon emissions to combat climate change. This year, as the world […]
Tata Power holds Mundra UMPP shut-down till March 20
Intervening the in issue the union power secretary S N Sahai convened at meeting of all concerned parties on the issue on March 9, 2020 NEW DELHI: Tata Power on Wednesday put its decision to shut operations at its 4,000 MW Mundra ultra mega power project (UMPP) on hold till March 20, in expectation of […]
Tata Power partners with JLR India for EV charging infrastructure
Tata Power announced today that it has entered into a partnership with Jaguar Land Rover (JLR) India to offer an end-to-end EV charging solutions across its retail network of 27 outlets in 24 cities. India’s largest integrated power company, Tata Power, will be responsible to provide a range of AC and DC chargers, starting from […]
Tata Power plans to have 700 EV charging stations by 2021
The company has already installed 100 fast charging stations in various cities, including Delhi, Mumbai, Bengaluru, Pune and Hyderabad, which it plans to take to 300 by March 2020 Mumbai: Tata Power is planning to increase its network of electric vehicle charging stations to 700 by next year, a top company official said. The company […]